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This article explores the connection between Bernard Mandeville and Jeremy Bentham. Their analyses are complementary on two points: first, the descriptive sense of the utility principle, main axiom of Bentham's utilitarianism, relies on an implicit anthropological conception which Mandeville...
Persistent link: https://www.econbiz.de/10005464644
Italian Abstract: Per giustificare l’autorità e la validità della scienza economica, gli economisti sono spesso ricorsi all’argomento che le leggi e i postulati di questo sapere sono verità scientifiche, nel senso di verità empiriche, logiche o autoevidenti. Tuttavia, questo discorso, in...
Persistent link: https://www.econbiz.de/10011110354
It is one of the assumptions of this paper that what is usually considered as a single hedonistic tradition was in fact the result of very different approaches to the analysis of individual decisions. Some of the differences between these approaches were also discussed by authors who aimed at...
Persistent link: https://www.econbiz.de/10005766582
The work of Adam Smith is often interpreted as a justification of the natural order of economy, an apology which harmonizes individual and public interests. In addition to the concern for the economic system, Smith’s books comprise valuable passages in which the role of the state is explored...
Persistent link: https://www.econbiz.de/10010651650
Between J-B. Say and R. Malthus an important debate took place, witnessed by a number of letters and quotations, mainly concerning the débouchés problem. Quite surprisingly, the respective theories of values are never under discussion in their correspondence, nor quotations on them can be...
Persistent link: https://www.econbiz.de/10010991494
John Elliott Cairnes (1823-1875) is best known for his defense of the wages fund doctrine after Mill’s abandonment of it. This essay argues that Cairnes’ ideas represented a substantive advance in classical political economy, in that his ideas were more coherent than those of his...
Persistent link: https://www.econbiz.de/10010992329
This paper proposes a reconstruction of one of Torrens little unknown piece of work on the making and the distribution of income among the social classes. The framework assumes a single-good economy with fixed production coefficients. It differs from the contemporary Ricardo theory (that...
Persistent link: https://www.econbiz.de/10010992393
In this study, the historical roots of individuality will be examined. According to the view of economic individuality, pursuit of self-interest is the fundamental motivation for all of human beings. When we look into the eighteenth century, the main argument was whether the rise of the...
Persistent link: https://www.econbiz.de/10010850419
The article investigates Wicksell's change of mind about the machinery question between 1890 and 1900/1901. Wicksell at first sided with the so-called “compensation theory” that workers are not harmed by the introduction of machinery. In his lecture notes of April 1900, made available here...
Persistent link: https://www.econbiz.de/10010854723
The article deals with the relation between assumptions of economic theories and their political implications. Two canons of economic science are being analyzed according to the degree of abstraction. A hypothesis is that the more abstract formal canon is connected with a liberal kind of...
Persistent link: https://www.econbiz.de/10010860880